1 / 7

Investment tips for people who are starting out

Don't try to time the market. Don't buy or sell depending solely on your emotions. Don't try to guess what the market will do nextu2014it's too hard, and you'll only end up making mistakes that way. Any family wealth management firm will also advise you about all these things. Instead, be patient and invest for the long term: if you get in at a good price, don't worry about selling right away; if it goes down in value later on (and sometimes it does), there's no rush!

Waterfieldadvisors
Download Presentation

Investment tips for people who are starting out

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Investment tips for people who are starting out waterfieldadvisors.com

  2. Have a plan in place The first step to investing is developing a solid plan. A great way to get started is by creating an investment strategy that you can stick with for the long term. It's important that you have one, because it will help keep your investments on track and make sure they are growing as fast as possible. A good strategy should answer questions like for how long do you want to invest, what kind of returns are you expecting etc. waterfieldadvisors.com

  3. Don’t try to play the market just yet Don't try to time the market. Don't buy or sell depending solely on your emotions. Don't try to guess what the market will do next—it's too hard, and you'll only end up making mistakes that way. Any family wealth management firm will also advise you about all these things. Instead, be patient and invest for the long term: if you get in at a good price, don't worry about selling right away; if it goes down in value later on (and sometimes it does), there's no rush! waterfieldadvisors.com

  4. Insure your future The most important thing you can do is insure your future. This will help protect your family and property from any unforeseen circumstances, including natural disasters and other unexpected events that may occur in the future. You should also consider insuring your health, home and car as well as making sure that all of this coverage is extended to employees who work at home or outside of the office. waterfieldadvisors.com

  5. Maximise tax efficiency Tax efficiency is important because it reduces your investment's risk and can help you maximize your returns. Investments that are tax-efficient are more likely to be profitable than those that are not, which means you may get a better return on investment. Tax-efficient investing also helps reduce the amount of tax you pay in relation to what you earn from investments and other income sources like salary or dividends from stocks or bonds. waterfieldadvisors.com

  6. Evaluate alternatives to stocks As any wealth management advisor will tell you, stocks are just one of the ways in which you can invest. You have a range of different options available out there in the form of government bonds, real estate, and gold. Gold in particular is more stable and sees lesser fluctuations. Ultimately, your investment choices should ideally depend on your own financial goals and expectations, and what you wish from the outcome. waterfieldadvisors.com

  7. Thank You… waterfieldadvisors.com

More Related